Kuwait’s entire government resigned in April and now a new prime minister has been appointed, a prime minister who hopes to revive the country’s oil industry. Four years ago, the CEO of Kuwait ...

Kuwait’s plans announced last week to invest at least US$6.1 billion in exploration over the next five years in order to increase production to a minimum of 4 million barrels per day (bpd) by 2040 - ...

HOUSTON, July 29, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it will provide front-end engineering design (FEED) services to Kuwait Oil Company (KOC) for Phase 1 of its heavy oil program ...

At-a-Glance: Kuwait is modernizing upstream with horizontal/MRC wells, smart completions, new gathering centers, thermal heavy-oil schemes, digital oilfields, and large-scale water/sour-gas handling ...

Reliance Industries has purchased 1 million barrels of heavy crude from Kuwait Petroleum Corp via a tender, four trade sources said. Last week, KPC issued a tender to sell crude oil that the Al-Zour ...

Kuwait's oil export dynamics have undergone a transformation, shifting from crude oil to refined petroleum products. The shift is attributed to the expansion of the country’s refining capacity, ...

Middle East petro-state Kuwait is poised to significantly boost its oil revenues to more than $81.9 billion this financial year, led by robust oil prices. Oil revenues for the fiscal year 2022-2023 — ...